Chemtech Industrial Valves Limited , a company listed on the Bombay Stock Exchange (BSE: 537326), has recently seen a change in its promoter shareholding and announced an upcoming investor meeting. Here's a breakdown of the key developments:

Promoter Stake Increase

Puneet Pradeep Badkur, a promoter of Chemtech Industrial Valves Limited, has increased his stake in the company through open market transactions. The details of the acquisition are as follows:

This acquisition was disclosed under the Securities and Exchange Board of India (SEBI) regulations, specifically under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Upcoming Investor Meeting

In a separate announcement, Chemtech Industrial Valves Ltd has scheduled a meeting with investors and analysts. The details of the meeting are:

The company has emphasized that only information available in the public domain will be shared during this interaction, and no unpublished price-sensitive information will be discussed.

These developments indicate active engagement from the company's promoters and management with the investment community.

Chemtech Industrial Valves Limited (CIVL), a Thane-based industrial valve manufacturer, has announced a significant milestone in its operations, marking the supply of 100 units of its patented line blinds. This achievement comes within just two years of the patent grant, showcasing the company's rapid growth and market acceptance in the industrial valve sector.

Product Range Expansion

The company has also expanded its product range to include larger specifications:

This expansion is in response to growing market demand and demonstrates CIVL's commitment to meeting diverse customer needs.

Applications and Customer Base

Chemtech's patented line blinds have found wide application in hazardous and toxic environments, particularly in the steel industry. The product is used for:

• Coke Oven Gas
• Mixed Gas
• Blast Furnace Gas
• LD (BOF) Gas
• Nitrogen Gas

The company has successfully installed and commissioned these line blinds in some of India's largest steel plants, gaining significant customer confidence.

Key Product Benefits

Chemtech's line blinds offer several advantages over traditional methods:

• 95% reduction in line blanking time
• Enhanced safety with zero leakage
• Tool-free operation
• Easy installation and maintenance

Future Outlook

Building on this success, Chemtech Industrial Valves is now targeting broader industrial adoption across various sectors including:

• Ports & Terminals
• Oil & Gas
• Chemicals
• Marine
• Fertilizers
• Power Plants

The company is also working on developing larger-sized line blinds up to DN 1500 MM, further expanding its product portfolio.

Company Background

Founded in 1997, Chemtech Industrial Valves Ltd specializes in large diameter gas line valves and innovative solutions for various industrial sectors. With a manufacturing facility in Wada, 50 km from Mumbai, the company serves the Steel, Power, Oil & Gas, Water, and Fertilizer sectors both in India and overseas.

This milestone achievement and product range expansion underscore Chemtech Industrial Valves' commitment to innovation and its growing presence in the industrial valve market.